'All My Children' getting the ax? Help us dream up how our favorite Pine Valley characters make their exit.

That’s the buzz after Deadline.com reported Monday that ABC was looking to reduce its daytime drama lineup from three to two hours, with “All My Children” as the likely victim due to flailing ratings.

But what about our favorite Pine Valley characters?! Well, they’ll be replaced with a new talk show, according to Deadline.

Should the daytime drama, which launched in 1970, be headed for doomsville, it will join three other canned soaps: CBS’ “The Guiding Light” and "As the World Turns” and NBC’s “Passions.”

Talk of “All My Children’s” end is nothing new. Reports surfaced in 2009 that the 41-year-old soap narrowly escaped cancellation — which the network denied at the time.

And the network is once again downplaying the rumors.

When Show Tracker reached out to the network about whether the recent rumors of cancellation were true, an ABC representative had this to say: “Our response is that the Deadline.com piece is just the latest in a long line of stories about this same topic.”

Um, is that a yes or a no?

Show Trackers, what do you think of the rumors? Are you surprised? If true, how should Erica Kane and the rest of the Pine Valley characters say goodbye?